Afternoon,

WOW!!! This volatility is amazing…but good. The new ICE index’s ( TF) matrix is very “jumpy” and that part will take some time to get used to. The bottom line is that the market is trending again in a big way.

The first trade of the day was a trader’s trick set-up after a trend line break below the 56 EMA . The time was 10:06 am CST with a short entry of 680.30. Here is the chart for trade 1.

Trade 1

Click on chart to enlarge.

The next trade was another trader’s trick set-up after a trend line break below the 56 EMA. The time was 11:03 am CST with a short entry of 674.10.  The trade was never up much and stopped out for a 2 point loss. The next trade was another trader’s trick set up  after a trend line break below the 56 EMA. The time was 11:45 am CST with a short entry of 668.50. Here is the chart for trade 2 and 3.

Trade 2 and 3

Click on chart to enlarge.

The next trade was a trend line break to the upside followed by a trader’s trick set-up above the 56 EMA. The time was 12:30 pm CST with a long entry of 630.00. The last trade of the day was another trend line break to the upside followed by a trader’s trick set-up above the 56 EMA. The time was 13:57 pm CST with a long entry of 685.50. Here is the chart for trade 4 and 5.

Trade 4 and 5

Click on chart to enlarge.

All trades could have been held for more than the 2 points we usually go for. The maket trended strongly in all directions. That is a recipe for great fishing. Looking for more fun times at the fishing pond.

Best regards,

Ron

This is not a solicitation to buy or sell. 
There is a risk in any investment